Oireachtas Joint and Select Committees

Wednesday, 18 May 2022

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Withdrawal from Irish Banking Market: Engagement with Ulster Bank and KBC Ireland

Mr. Patrick Farrell:

Yes, I was referring to our own branches. On top of that, we are putting two staff members into 22 of the 25 locations as part of the deal, subject to CCPC approval. We are taking on an additional 50 staff to support those 25 branches. To return to our earlier comments, we want everyone who is an Ulster Bank customer today in those locations to join Permanent TSB, so we are investing an additional 50 staff for those locations alone to make it easier for those customers to join us.

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